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Global Benzyl Bromide Market to Grow at a CAGR of 6.8% During 2021-2026, Aided by the Increase in the Use of Foaming Agents

Benzyl Bromide Market

Global Benzyl Bromide Market Size, Share, Trends, Forecast: By Form: Powder, Liquid; By Grade: Reagent Grade, Technical Grade; By Application: Perfumes, Dyes, Pharmaceuticals, Synthetic Resins, Photographic Chemicals, Plasticisers and Esters; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032

Global Benzyl Bromide Market Outlook

The global benzyl bromide market is being aided by the growth of the overall chemical intermediate market, which is expected to grow in the forecast period of 2024-2032 at a CAGR of 6.8%.

 

Global Benzyl Bromide Market

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Global Benzyl Bromide Industry to be Driven by the Growth in the Chemicals Industry

Benzyl bromide is used in the synthesis of a wide variety of organic compounds, leading to applications in numerous industries. The steady increase in the use of chemicals in industries, as well as the growth of industries such as pharmaceuticals, pesticides, and paints in which benzyl bromide has end uses, is expected to lead to the healthy growth of the benzyl bromide industry during the forecast period (2024-2032).

North America is expected to maintain its lead in the total market share due to the strong presence of chemical industries in this region. However, the strongly growing demand for pharmaceuticals and pesticides in the growing economies of the Asia Pacific region is poised to become a significant factor in determining the growth of the market.

 

Benzyl Bromide: Market Segmentation

Benzyl bromide is an organic compound and has the formula C6H5CH2Br. It is a colourless liquid and is known to cause secretion of tears on exposure. It is a chemical reagent and used in the addition of benzyl groups (C6H5CH2-) to organic compounds. It is also used as a foaming agent in several industries. It is produced by the bromination (addition of bromine) of toluene (C6H5CH3).

 

Global Benzyl Bromide Market By Form

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The major forms of benzyl bromide are:

  • Powder
  • Liquid

The market can be broadly categorised on the basis of grade into:

  • Reagent Grade
  • Technical Grade
  • Others

Benzyl bromide has the following applications:

The EMR report looks into the regional markets of benzyl bromide like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Benzyl Bromide Market By Region

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Growth in Synthetic Resins and Dyes Industries to Boost the Benzyl Bromide Industry

The increase in the uses of synthetic resins due to the increasing austerity of trade and tax regulations worldwide is driving the benzyl bromide industry due to its applications in the manufacturing of synthetic resins. Metal and other heavy materials are being replaced by synthetic resins due to their lightweight characteristics, as products below a certain weight threshold are exempt from regulatory taxes and duties. Thus, the demand for lighter products is leading to increased production capacity for benzyl bromide.

The recent surge in the pharmaceutical industry due to the COVID-19 pandemic is boosting the benzyl bromide industry due to the various applications of benzyl bromide in the formulation of drugs and other pharmaceutical products. This is expected to support the growth of the market during the forecast period (2024-2032).

 

Key Industry Players in the Global Benzyl Bromide Market

The report presents a detailed analysis of the following key players in the global benzyl bromide market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Luyuan Technology Development Co., Limited 
  • Spectrum Chemical Manufacturing Corp. 
  • ShiJiaZhuang Dongcheng Chemical Co., Ltd 
  • Vandana Chemicals 
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Form, Grade, Application, Region
Breakup by Form Powder, Liquid
Breakup by Grade Reagent Grade, Technical Grade, Others
Breakup by Application Perfumes, Dyes, Pharmaceuticals, Synthetic Resins, Photographic Chemicals, Plasticisers and Esters, Others
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Luyuan Technology Development Co.,Limited, Spectrum Chemical Manufacturing Corp., ShiJiaZhuang Dongcheng Chemical Co.,Ltd, Vandana Chemicals, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Benzyl Bromide Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Benzyl Bromide Historical Market (2018-2023) 
    8.3    Global Benzyl Bromide Market Forecast (2024-2032)
    8.4    Global Benzyl Bromide Market by Form
        8.4.1    Powder
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Liquid
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Benzyl Bromide Market by Grade
        8.5.1    Reagent Grade
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Technical Grade
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Others
    8.6    Global Benzyl Bromide Market by Application
        8.6.1    Perfumes
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Dyes
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Pharmaceuticals
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Synthetic Resins
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Photographic Chemicals
            8.6.5.1    Historical Trend (2018-2023)
            8.6.5.2    Forecast Trend (2024-2032)
        8.6.6    Plasticisers and Esters
            8.6.6.1    Historical Trend (2018-2023)
            8.6.6.2    Forecast Trend (2024-2032)
        8.6.7    Others
    8.7    Global Benzyl Bromide Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Benzyl Bromide Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Benzyl Bromide Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Benzyl  Bromide Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Benzyl Bromide Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Benzyl Bromide Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis
    16.1    North America Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.2    Europe Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.3    Asia Pacific Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.4    Latin America Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.5    Middle East & Africa Historical Price Trends (2018-2023) & Forecast (2024-2032)
17    Manufacturing Process
    17.1    Overview
    17.2    Detailed Process Flow
    17.3    Operation Involved
18    Competitive Landscape
    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    Luyuan Technology Development Co.,Limited
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    Spectrum Chemical Manufacturing Corp.
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications
        18.2.3    ShiJiaZhuang Dongcheng Chemical Co.,Ltd
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications
        18.2.4    Vandana Chemicals
            18.2.4.1    Company Overview
            18.2.4.2    Product Portfolio
            18.2.4.3    Demographic Reach and Achievements
            18.2.4.4    Certifications
        18.2.5    Others
19    Key Trends and Developments in the Market
 

Additional Customisations Available

1    Project Requirements and Cost Analysis
    1.1    Land, Location, and Site Development
    1.2    Construction
    1.3    Plant Machinery
    1.4    Cost of Raw Materials
    1.5    Packaging
    1.6    Transportation
    1.7    Utilities
    1.8    Manpower
    1.9    Other Capital Investments

 

List of Key Figures and Tables

1.    Global Benzyl Bromide Market: Key Industry Highlights, 2018 and 2032
2.    Global Benzyl Bromide Historical Market: Breakup by Form (USD Billion), 2018-2023
3.    Global Benzyl Bromide Market Forecast: Breakup by Form (USD Billion), 2024-2032
4.    Global Benzyl Bromide Historical Market: Breakup by Grade (USD Billion), 2018-2023
5.    Global Benzyl Bromide Market Forecast: Breakup by Grade (USD Billion), 2024-2032
6.    Global Benzyl Bromide Historical Market: Breakup by Application (USD Billion), 2018-2023
7.    Global Benzyl Bromide Market Forecast: Breakup by Application (USD Billion), 2024-2032
8.    Global Benzyl Bromide Historical Market: Breakup by Region (USD Billion), 2018-2023
9.    Global Benzyl Bromide Market Forecast: Breakup by Region (USD Billion), 2024-2032
10.    North America Benzyl Bromide Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    North America Benzyl Bromide Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Europe Benzyl Bromide Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Europe Benzyl Bromide Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Asia Pacific Benzyl Bromide Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Asia Pacific Benzyl Bromide Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Latin America Benzyl Bromide Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Latin America Benzyl Bromide Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Middle East and Africa Benzyl Bromide Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Middle East and Africa Benzyl Bromide Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    North America Historical Price Trends and Forecast 2018-2028
21.    Europe Historical Price Trends and Forecast 2018-2028
22.    Asia Pacific Historical Price Trends and Forecast 2018-2028
23.    Latin America Historical Price Trends and Forecast 2018-2028
24.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
25.    Global Benzyl Bromide Market Structure

Key Questions Answered in the Report

What is the growth rate of the global benzyl bromide market?

The market is projected to grow at a CAGR of 6.8% between 2024 and 2032.

What are the major market drivers?

The major market drivers include the growing use of the chemical in various end-use sectors, the increasing demand for foaming agents, and the surging preference for synthetic resins.

What are the key trends of the market?

The key trends guiding the market include the robust growth of the pharmaceutical sector, the growing demand for lightweight materials, and the surging use of benzyl bromide in the synthesis of various organic compounds. 

What are the major regional markets of benzyl bromide, according to the EMR report?

The major regions are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

What are the significant forms of benzyl bromide in the market?

The significant forms of benzyl bromide in the market are powder and liquid.

What are the major grades of benzyl bromide considered in the market report?

The major grades of the product considered in the market report include reagent grade and technical grade, among others.

What are the different applications of benzyl bromide?

Perfumes, dyes, pharmaceuticals, synthetic resins, photographic chemicals, and plasticisers and esters, among others, are the different applications of benzyl bromide.

Who are the key players in the benzyl bromide market, according to the report?

The key market players are Luyuan Technology Development Co., Limited, Spectrum Chemical Manufacturing Corp., ShiJiaZhuang Dongcheng Chemical Co., Ltd, and Vandana Chemicals, among others.

Analyst Review

The global benzyl bromide market is being driven by growth of the chemical intermediate industry. Aided by growth in pesticides and pharmaceuticals, the chemical intermediate market is expected to witness a growth in the forecast period of 2024-2032, growing at a CAGR of 6.8%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its forms, the market is categorised as powder and liquid. The market is classified based on grade as reagent grade and technical grade. Benzyl bromide finds applications in perfumes, dyes, pharmaceuticals, synthetic resins, photographic chemicals, and plasticisers and esters, among others. The major regional markets for benzyl bromide are North America, Europe, the Asia Pacific, Latin America and the Middle East and Africa. The key players in the above market include Luyuan Technology Development Co., Limited, Spectrum Chemical Manufacturing Corp., ShiJiaZhuang Dongcheng Chemical Co. and Ltd, and Vandana Chemicals, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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